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Daewoo Engineeringnstruction Co (XKRX:047040) Effective Interest Rate on Debt % : 4.57% (As of Mar. 2024)


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What is Daewoo Engineeringnstruction Co Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Daewoo Engineeringnstruction Co's annualized positive value of Interest Expense for the quarter that ended in Mar. 2024 was ₩141,705 Mil. Daewoo Engineeringnstruction Co's average total debt for the quarter that ended in Mar. 2024 was ₩3,097,941 Mil. Therefore, Daewoo Engineeringnstruction Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 was 4.57%.


Daewoo Engineeringnstruction Co Effective Interest Rate on Debt % Historical Data

The historical data trend for Daewoo Engineeringnstruction Co's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Daewoo Engineeringnstruction Co Effective Interest Rate on Debt % Chart

Daewoo Engineeringnstruction Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.24 3.92 2.78 3.61 5.77

Daewoo Engineeringnstruction Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.44 5.73 5.67 6.20 4.57

Competitive Comparison of Daewoo Engineeringnstruction Co's Effective Interest Rate on Debt %

For the Engineering & Construction subindustry, Daewoo Engineeringnstruction Co's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Daewoo Engineeringnstruction Co's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Daewoo Engineeringnstruction Co's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Daewoo Engineeringnstruction Co's Effective Interest Rate on Debt % falls into.



Daewoo Engineeringnstruction Co Effective Interest Rate on Debt % Calculation

Daewoo Engineeringnstruction Co's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  -150492.711/( (2508601.96+2704824.699)/ 2 )
=-1  *  -150492.711/2606713.3295
=5.77 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1348657.542 + 1159944.418
=2508601.96

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1237702.89 + 1467121.809
=2704824.699

Daewoo Engineeringnstruction Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2023 )+Total Debt  (Q: Mar. 2024 ))/ count )
=-1  *  -141705.384/( (2704824.699+3491056.899)/ 2 )
=-1  *  -141705.384/3097940.799
=4.57 %

where

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1237702.89 + 1467121.809
=2704824.699

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1940969.693 + 1550087.206
=3491056.899

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Daewoo Engineeringnstruction Co  (XKRX:047040) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Daewoo Engineeringnstruction Co Effective Interest Rate on Debt % Related Terms

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Daewoo Engineeringnstruction Co (XKRX:047040) Business Description

Traded in Other Exchanges
N/A
Address
Sinmunno 1-ga, Daewoo E&C 57, Jongno-gu, Seoul, KOR, 110-713
Daewoo Engineering & Construction Co Ltd develops complex structures and buildings for various end markets. It operates four business divisions: Civil Project, Building Works, Plants, and Housing. The company constructs roads, bridges, railways, offices, factories, apartments, and various power plants. It works in various stages of the construction process and will partner with developers to meet clients' needs. Many of the projects are highly technical with a lot of moving components, so planning and acquiring the right resources becomes an important part of the process. The majority of revenue is derived from Korea, but it will take orders for projects outside the country.

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